1044 NE 10th Avenue, Fort Lauderdale, FL 33304

Description of 1044 NE 10th Avenue, Fort Lauderdale, FL 33304

This triplex in Fort Lauderdale's Progresso subdivision offers a compelling investment opportunity. Excellent income-producing property legally configured as a duplex with massive value-add potential. The property features stable cash flow across three currently occupied spaces, with the immediate ability to capitalize on a pre-configured 4th unit. The property comprises 1,413 square feet of finished living space across a single-story layout, providing straightforward ownership and management. As a residential income property, it delivers multiple revenue streams from one strategically positioned asset. Located in the established Progresso community, this triplex presents a tangible path to building equity while generating consistent returns. Unit 1 (Efficiency): Generates $1,200/month in rental income. Unit 2 (1BR / 1BA): Generates $1,500/month in rental income. Unit 3 (2BR / 2BA): Generates $1,950/month in rental income.Value-Add Potential: The 2BR/2BA space is already physically split and closed off into two distinct sections, each featuring its own private exterior entry. It is currently being leased to a single family as a whole 2/2. However, a future investor can effortlessly lease them out separately to maximize yield:Side A: A complete 1BR/1BA setup with a full kitchen.Side B: A standalone 1BR/1BA efficiency setup. Electric: The 2BR/2BA unit has its own separate electric meter and those tenants pay their own electric bill directly. The other units share a combined electric meter paid for by the owner. Water: Master metered for the entire building and paid for by the owner. Water Bill approximately $165.00 a month for the building FPL for the efficiency and 1/1 are approximately $150 a month garbage included in the water bill

Property Details for 1044 NE 10th Avenue, Fort Lauderdale, FL 33304

Flooring

Ceramic Floor, Tile

Heating

Electric

Cooling

Electric

Architectural Style

One Story

Pool Private

No

Year Built Details

Resale

Building Information for 1044 NE 10th Avenue, Fort Lauderdale, FL 33304

Building Area Total

1413

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Pets Allowed

Yes

Property Information for 1044 NE 10th Avenue, Fort Lauderdale, FL 33304

Lot Features

Less Than 1/4 Acre Lot, Less Than 1 Acre

Lot Size Square Feet

5,062

Waterfront

No

View

No

Construction Materials

CBS Construction, Stucco

Roof

Comp Shingle Roof, Shingle

Exterior Features

None

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Public Records for 1044 NE 10th Avenue, Fort Lauderdale, FL 33304

Parcel Number

494234047100

Tax Annual Amount

$8,153

Tax Year

2,025

Tax Legal Description

PROGRESSO 2-18 D W 67.5 OF LOTS 46 TO 48 BLK 176

Zoning

RMM-25

County Or Parish

Broward County

Schools Near 1044 NE 10th Avenue, Fort Lauderdale, FL 33304

Elementary School

Bennett

Middle School

Sunrise

High School

Fort Lauderdale

School assignments are provided by the listing and should be independently verified.

Location